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Shiba Inu to Kazakhstani Tenge Converter and calculator

Convert 1Shiba Inu (SHIB) to Kazakhstani Tenge (KZT) equals ₸ 0.009766 | Bitget

KZT information

About Kazakhstani Tenge (KZT)

The Kazakhstani Tenge (KZT), introduced in 1993, is a significant symbol of Kazakhstan's national identity and economic independence. It is commonly abbreviated as KZT and represented by the symbol ₸. Emerging after the dissolution of the Soviet Union, the Tenge marked a pivotal transition from a centrally planned economy to a market-oriented one.

Historical Background

The introduction of the Tenge was a crucial moment in post-Soviet Kazakhstan, signifying a break from the Russian Ruble and the commencement of a distinct monetary policy. It symbolized a new era of self-determination and was a crucial step in building the newly independent nation's economy.

Design and Symbolism

The design of the Kazakhstani Tenge is a rich tapestry of the country's history, culture, and aspirations. Banknotes and coins feature images of significant historical figures, like the poet Abai Kunanbaiuly and philosopher Al-Farabi, alongside landmarks and symbols representing Kazakhstan’s vast landscapes and cultural heritage. These designs not only facilitate transactions but also serve as a source of national pride and identity.

Economic Role

The Tenge plays a critical role in Kazakhstan’s economy, characterized by its vast natural resources, including oil, gas, and minerals. As the primary medium of exchange, it supports various sectors of the economy, facilitating trade, investment, and the daily financial transactions of individuals and businesses.

Monetary Policy and Inflation

Managed by the National Bank of Kazakhstan, the Tenge has faced challenges such as inflation and currency devaluation, particularly during periods of global economic instability. The central bank’s monetary policies focus on stabilizing the Tenge, which is crucial for maintaining economic confidence and fostering sustainable growth.

International Trade and the Kazakhstani Tenge

The Tenge’s exchange rate is an important factor in international trade, particularly for Kazakhstan's key exports in the energy and mining sectors. A stable Tenge is vital for maintaining competitive export prices and attracting foreign investment.

Remittances and the Economy

Remittances from Kazakh citizens working abroad, particularly in Russia and Europe, are a notable source of foreign income. These remittances, converted into Tenge, play a significant role in supporting households and contributing to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Shiba Inu currency pair is the SHIB to KZT, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KZT.

SHIB to KZT conversion rate trend

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In the past 1D, Shiba Inu has changed -6.09% to KZT. Based on the trend and price charts, Shiba Inu(SHIB) has changed -6.09% to KZT while Kazakhstani Tenge(KZT) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₸0.009581
0.0001% / 0.0004%vip-iconVIP
Binance
₸0.009536
0.1000% / 0.1000%
Yes
Coinbase Exchange
₸0.009545
0.1000% / 0.1000%
Yes
Kraken
₸0.009639
0.1000% / 0.1000%
Yes
OKX
₸0.009536
0.080% / 0.100%
Yes
Huobi
₸0.009558
0.1000% / 0.1000%
Yes
Gate.io
₸0.009545
0.1000% / 0.1000%
Yes
Bybit
₸0.009585
0.1000% / 0.1000%
Yes
KuCoin
₸0.009545
0.1000% / 0.1000%
Yes
Bitfinex
₸0.009675
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 18:00:41(UTC+0)

What factors influence the conversion rate of Shiba Inu to Kazakhstani Tenge?

Shiba Inu to Kazakhstani Tenge is falling this week.
Shiba Inu's current market price is ₸ 0.009766 per SHIB, with a total market cap of ₸ 5,755,235,760,642.98 KZT based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -16.64% (₸ -163,187,031,824.73 KZT) in the last 24 hours. Last trading day, SHIB's trading volume was ₸ 980,732,553,801.73.
Market cap
$12.84B
24h volume
$1.82B
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at ₸ 0.009766 KZT , which means buying 5 SHIB will cost ₸ 0.04883 KZT . Similarly, ₸1 KZT can be traded for 102.39 SHIB, and ₸50 KZT can be converted to 5,119.59 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Kazakhstani Tenge has changed by -23.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.09%, reaching a high of 0.01057 KZT and a low of 0.008303 KZT . One month ago, the value of 1 SHIB was ₸ 0.01310 KZT , which represents a -25.45% change from its current value. Over the last year, Shiba Inu has changed by
+
0.004661KZT
, resulting in a change of +91.33% in its value.

SHIB to KZT

Amount
18:22 today
0.5 SHIB
0.004883
1 SHIB
0.009766
5 SHIB
0.04883
10 SHIB
0.09766
50 SHIB
0.4883
100 SHIB
0.9766
500 SHIB
4.88
1000 SHIB
9.77

KZT to SHIB

Amount18:22 today
0.5KZT51.2  SHIB
1KZT102.39  SHIB
5KZT511.96  SHIB
10KZT1,023.92  SHIB
50KZT5,119.59  SHIB
100KZT10,239.19  SHIB
500KZT51,195.94  SHIB
1000KZT102,391.88  SHIB
share

Today vs. 24 hours ago

Amount18:22 today24 hours ago24h change
0.5 SHIB$0.{4}1090$0.{4}1160
-6.09%
1 SHIB$0.{4}2179$0.{4}2321
-6.09%
5 SHIB$0.0001090$0.0001160
-6.09%
10 SHIB$0.0002179$0.0002321
-6.09%
50 SHIB$0.001090$0.001160
-6.09%
100 SHIB$0.002179$0.002321
-6.09%
500 SHIB$0.01090$0.01160
-6.09%
1000 SHIB$0.02179$0.02321
-6.09%

Today vs. 1 month ago

Amount18:22 today1 month ago1M change
0.5 SHIB$0.{4}1090$0.{4}1462
-25.45%
1 SHIB$0.{4}2179$0.{4}2923
-25.45%
5 SHIB$0.0001090$0.0001462
-25.45%
10 SHIB$0.0002179$0.0002923
-25.45%
50 SHIB$0.001090$0.001462
-25.45%
100 SHIB$0.002179$0.002923
-25.45%
500 SHIB$0.01090$0.01462
-25.45%
1000 SHIB$0.02179$0.02923
-25.45%

Today vs. 1 year ago

Amount18:22 today1 year ago1Y change
0.5 SHIB$0.{4}1090$0.{5}5696
+91.33%
1 SHIB$0.{4}2179$0.{4}1139
+91.33%
5 SHIB$0.0001090$0.{4}5696
+91.33%
10 SHIB$0.0002179$0.0001139
+91.33%
50 SHIB$0.001090$0.0005696
+91.33%
100 SHIB$0.002179$0.001139
+91.33%
500 SHIB$0.01090$0.005696
+91.33%
1000 SHIB$0.02179$0.01139
+91.33%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.